1. HOME
  2.  | 
  3. Industry
  4.  | 
  5. Finance
  6.  | Northrim’s Schierhorn, Heading to Retirement, Passes Chairmanship to Huston

Northrim’s Schierhorn, Heading to Retirement, Passes Chairmanship to Huston

Aug 27, 2025 | Finance, Right Moves

Photo Credit: Northrim Bank

Joe Schierhorn, a charter employee of Northrim Bank, is eyeing retirement by the end of the year. Schierhorn has been stepping away from leadership positions since 2022, when Mike Huston succeeded him as President. Huston was named CEO last year, and now he’s taking over for Schierhorn as Chairman of the bank’s board of directors effective January 1, 2026.

Huston joined Northrim Bank in 2017 as Executive Vice President and Chief Lending Officer of Northrim Bank. He earned a bachelor’s degree in finance from Arizona State University and is a graduate of the Pacific Coast Banking School. Before coming to Alaska, Huston was executive vice president and chief banking officer at First Interstate Bank in Billings, Montana. He has been involved in many nonprofit organizations and currently serves as vice chair of Housing Alaskans: A Public Private Partnership and is on the executive committee of the Anchorage Economic Development Corporation.

Current Issue

Alaska Business Magazine March 2026 cover

March 2026

Schierhorn has been with Northrim since it started in 1990, first as Commercial Loan Officer and Regulatory Compliance Manager, then later as CFO, COO, and finally President and CEO. Schierhorn has chaired the board since 2018. Earlier this year, he was inducted into the Alaska Business Hall of Fame.

Alaska Business Magazine March 2026 cover
In This Issue
ARCTIC DEVELOPMENT
March 2026
While all of Alaska is “arctic” to the rest of the country, our focus in the March 2026 Arctic Development special section is on projects more closely aligned to the actual Arctic, including an update on the Port of Nome deep-draft project, offshore oil activity, plans for projects on Savoonga and on the North Slope, and our cover story about the transportation industry’s efforts to operate responsibly in waters worldwide, which has direct applications to Arctic Seas. Also in this issue: learn more about the Chin’an Gaming Hall, USACE projects, the new Wildbirch Hotel, and the transportation and logistics of Girl Scout cookies. Enjoy!
Share This